Market Commentary 29 January 2018

Market capitalisation was slightly up to $8.66 billion with turnover reaching $1.58 million. Foreign buyers closed the trading session at $468,902 with sales at $65,757.20 from 65 trades.

The Zimbabwe Stock Exchange All Share Index opened the week on a high note adding 0.09 points (0.10%) to settle at 91.36 points. OLD MUTUAL (OML.zw) gained $0.1092 to close at $5.1092, NAMPAK (NPKZ.zw) rose by $0.0079 to $0.1800 while DELTA (DLTA.zw) put on $0.0024 to end at $1.6608. AXIA (AXIA.zw) closed at $0.1810 following a $0.0010 increase.

Only two counters lost ground; SEEDCO (SEED.zw) dropped by $0.0240 to close at $2.0057 whilst INNSCOR (INN.zw) shed $0.0025 to end at $0.8025.